Ann: Continued Expansion of the Korbel Gold Deposit, page-114

Upon re-reading the last paragraph of my last post here, I think it may be poorly worded and potentially confusing.

Just to clarify:
- looks like the proposed vertical RC infill holes are currently planned at about 100m spacing.
- the intent of the proposed RC infill drill program is to increase resource confidence - ie - upgrade inferred resource to measured and/or indicated resource.
-based on this, we might be able to conclude that the competent geologist at Nova (Dale) thinks 100m between samples is enough to consider upgrading to M&I
-now, for the April resource update/upgrade, we only have the angled diamond holes from a handful of pads in fan patterns. This means the areas which have 100m or less of sample density is limited, probably roughly to within a 50m radius of the surface location of each pad - which is highly dependent on Dale's own professional opinion (as a recognized competent geo by the ASX). eg- maybe he is comfortable with a slightly larger or smaller radius than 50m, which he will determine upon a thorough analysis of the data.